July 26, 2018
The U.S. Navy may have pulled out of the Brooklyn Navy Yard seven decades ago, but the 300-acre site is humming with activity these days. Already a steadily growing manufacturing hub that encompasses everything from coffee roasting to film and TV production, the Navy Yard soon will become home to TAMI-sector office tenants as well, in what’s being touted as “a laboratory for the production of ideas and innovation.”
The building these tenants will call home is a ground-up project on the East River waterfront, now in the latter stages of construction by a partnership of Rudin Development and Boston Properties. Known as Dock 72, the 675,000-square-foot, 16-story facility will be one of the city’s largest office properties to be built outside of Manhattan in decades, and is projected to bring another 4,000 employees to the Navy Yard. Pictured above is an onsite diagram of what they’ll find at the new project.
WeWork has already committed to about one-third of Dock 72’s square footage, and executives on the Dock 72 team—including Rudin Management CEO William Rudin and SVP Michael Rudin—told reporters earlier this month that they’re in lease negotiations with additional occupiers. This will be WeWork’s largest coworking facility to date, and the flexible office provider has also curated approximately 35,000 square feet of amenity space, including multiple food and beverage options, a health and wellness center and an outdoor basketball court.
Dock 72’s riverfront location is a two-sided coin. On the one hand, the location means that an NYC Ferry stop now in the works will provide convenient access from other points along the ferry route, including Manhattan. On the other hand, the lessons of Superstorm Sandy and the prospect of rising water levels brought on by climate change prompted the project’s team to design resiliency into the building. It will exceed the resiliency standards of a 100-year flooding scenario.
Travel by ferry won’t be the only option for getting to and from Dock 72. When the building becomes fully operational in late 2018, complimentary shuttle service between the Navy Yard and numerous subway lines less than a mile away will become available. Citi Bike, Car2Go and buses all will be options, and the proposed BQX light rail line would include a stop just steps away from the development.
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